lease beat

1 Chase Manhattan Plaza. (Courtesy Property Shark)

EXCLUSIVE: In a Reversal, Law Firm Milbank Tweed Considers a Renewal

The law firm Milbank Tweed, Hadley & McCloy LLP is negotiating to renew its lease at the downtown office building 1 Chase Manhattan Plaza, sources said.

The firm occupies 375,000 square feet on several floors at the property, which is owned by the bank JP Morgan Chase. Rents in the deal were not available by press time. The lease is a change in plans for the company. Read More

Report: Deloitte, Manhattan’s Biggest Loose Cannon, Narrows Search to Two Buildings

Deloitte, the mammoth accounting firm that represents the largest tenant looking for space in the Manhattan marketplace—it’s prospecting with Cushman & Wakefield for between 500,000 and 600,000 square feet—is narrowing its search to two buildings: World Financial Center, where much of its operations are currently housed, and Worldwide Plaza at 825 Eighth Avenue, according to Read More

Langford to Lead Deloitte Debt Practice

Deloitte has appointed Guy Langford to lead its National Distressed Asset and Debt practice, a position that will be based out of New York, it was announced last week.

Mr. Langford will be responsible for leading the cross-disciplinary practice, which has grown to more than 60 partners, principals and directors since early 2009. Read More

Deloitte Amps Up World Financial Drama

Deloitte has dialed up the suspense at Brookfield Properties’ World Financial Center, a mammoth office complex that’s already the source of endless speculation since Bank of America bought its primary tenant, Merrill Lynch, during the bank consolidations of yesteryear.

The enormous accounting firm—with headquarters at 1633 Broadway and loads of space at Two World Financial Read More